See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
SECURITY NATIONAL BANK6+ years Service code 15 · EIN 42-0943319 | Recordkeeping | $22,378 |
FIRST BANK & TRUST6+ years Filed as: FIRST BANK UPPER MICHIGAN Service code 21 2800 LUDINGTON ST · ESCANABA, MI 49829 | Bank Trustee | $11,301 |
Filed as: ANDERSON TACKMAN Service code 10 · EIN 38-1977929 | Accounting | $9,000 |
Filed as: CHARLES SCWHAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $1,570 |
CHARLES SCHWAB & CO., INC.6+ years Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,669 | $78,422-35.4% | $95,952-47.2% | $79,858-36.6% |
| Participation rate | 87.0% | 73.5%+13.5pp | 77.1%+9.9pp | 69.6%+17.3pp |
| Annual return | 14.00% | 19.37%-5.4pp | 91.61%-77.6pp | 31.71%-17.7pp |
| Employer contribution / active EE | $593 | $1,945-69.5% | $2,541-76.6% | $2,471-76.0% |
| Participant deferral / active EE | $2,331 | $3,440-32.2% | $4,167-44.0% | $3,740-37.7% |
| Admin fee / account holder | $434 | $5,622-92.3% | $6,795-93.6% | $5,306-91.8% |